USOIL:
We're back from a short break over the festive period. Today we will look back at our Oil chart from last year and pick up from where we left off.
As you can see from the chart we caught the short trade from the identified level into lower supply so for that reason we have left the markings on the chart. What we want to see now is if Oil can break that higher level of $80 or if it rejects. Our bias here is to the downside where we are looking just a little higher to see if we can catch this short again. Lets see how this reacts at the resistance level.
Please do give us a like, comment and follow.
GreenGateFX
We're back from a short break over the festive period. Today we will look back at our Oil chart from last year and pick up from where we left off.
As you can see from the chart we caught the short trade from the identified level into lower supply so for that reason we have left the markings on the chart. What we want to see now is if Oil can break that higher level of $80 or if it rejects. Our bias here is to the downside where we are looking just a little higher to see if we can catch this short again. Lets see how this reacts at the resistance level.
Please do give us a like, comment and follow.
GreenGateFX
